
The dynamics of the Greek economy will surprise us in the coming years, stressed Deputy Finance Minister Theodoros Skylakakis.
As he explained while speaking to SKAI, a large part of the Recovery Fund’s resources are entering now, while in the next two years a hostof private investments, a whole mountain – as he characteristically stated – will enter the economy. These together with the continuation of the reforms can make the Greek economy, the economy that will stand out in Europe in the next four years, he emphasized.
Tax evasion
In order to deal with tax evasion, Mr. Skylakakis pointed out that within the next year the implementation of the measures will begin through the Recovery Fund.
Among them, as he mentioned, is the connection of the POS with the cash registers and the obligation to have an online freight manifest for all the goods that are traded.
He emphasized that Independent Authority for Public Revenue – AADE and electronic invoicing are actively involved in dealing with the problem.
He pointed out that a few years ago Greece was second or third in tax evasion, with a big difference from the rest, while in recent years there has been a significant reduction, clarifying that from around four billion euros in 2019, Greece fell below 3 billion in 2021 according to the Commission’s preliminary data.


Latest News

S&P Raises Greek Rating; BBB with Stable Outlook
S&P’s decision raises the Greek economy to the second notch of investment grade ladder, at BBB with a stable outlook.

Greek Tourism Optimistic About Demand from American Market
A recent survey by MMGY Global, conducted from April 3–5 with a sample of 1,000 U.S. adults, found that 83% of Americans still intend to take leisure trips over the next 12 months, a slight drop from 87% in late February

New Exposé by Domumento Reveals Nefarious Triangular Link of ‘Black Money’ with New Democracy, Blue Skies, & Truth Team
The latest exposé by the Documentonews.gr news site lays bare what appears to be a surreptitious path of indirect financing of ND through the business sector—transactions that, as widely understood, rarely occur without expectations of reciprocal benefit

PM Meloni Meets Vice President Vance in Rome Signalling Optimism on Ukraine Talks
Meloni emphasized the strength and strategic value of the Italy-U.S. partnership.

Airbnb: Greece’s Short-Term Rentals Dip in March Amid Easter Shift
Data from analytics firm AirDNA shows that average occupancy for short-term rentals dropped to 45% in March, down from 49% the same month last year.

Easter Week in Greece: Holy Friday in Orthodoxy Today
At the Vespers service on Friday evening the image of Christ is removed from the Cross and wrapped in a white cloth

Meloni and Trump Meet in Washington, Vow to Strengthen Western Ties
“I am 100% sure there will be no problems reaching a deal on tariffs with the EU—none whatsoever,” Trump stressed.

ECB Cuts Interest Rates by 25 Basis Points in Expected Move
The ECB’s Governing Council opted to lower the deposit facility rate—the benchmark for signaling monetary policy direction—citing an updated assessment of inflation prospects, the dynamics of underlying inflation, and the strength of monetary policy transmission.

Current Account Deficit Fell by €573.2ml Feb. 2025: BoG
The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income account

Hellenic Food Authority Issues Food Safety Tips for Easter
Food safety tips on how to make sure your lamb has been properly inspected and your eggs stay fresh.